The Europeans are already well-structured with diesel and smaller vehicles, whereas the Big Three had to quickly be forced to spend a little more attention on the passenger car market.

When the new vehicles arrive, you don't want too many of the old ones on the lot. I see this as a specific case, not a wide-ranging trend.

I don't believe that Mexico is part of the rationalization strategy. I would expect a significant investment there to help Ford with its small car strategy.

The old business model was that bigger plants gained economies of scale -- the more cars you made, the more profitable you became. The new buzz word is flexibility. The successful manufacturers will be the ones that can react quickly and make subtle changes. ... That's something the imports have perfected, but Ford is really grappling with.

It's the sedan of the next decade.

The world does not revolve around Detroit.